I do believe most people are aware that the value of property will grow over time. It may not grow consistently, or uniformly, but it will trend upwards. On the flip side, there is such a thing as being on the wrong side of the property cycle. You’ve probably seen many examples of this on the news. “Sentosa penthouse sold at a loss of $2m, buyer lost xx amount over 5 years.” It doesn’t make for good reading, does it? I had a friend who received a small inheritance all the way back in 2007. Thankfully, he didn’t squirrel it away frivolously, but instead, chose to put it all in the property market. Some would say that’s a smart move. And in most normal circumstances – it would be, just that the not-so-smart move on his part was to not consult anyone for advice. Because prices were rising up,...